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Oct 2, 2012
10/12
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sure the tax cut policy was to be temporary, but so were the other tax cuts by george bush. the middle class needs champions who are just as vehemently as those who serve the top 1%. unleashed. joy behar. >> on my next show, i'll get into cohen to dish on all 36 current housewives, and still have time left over for bethany. >> eliot: with things looking bleak for mitt romney, the campaign is in need of a new strategy. some of the romney camp sees an opening. as written in the wall street journal. the biggest calamity for obama of course, the administration handling of the tragic attack after two weeks of tiptoe around a definitive answer, they released a statement saying that the attacks in libya from deliberate organized attacks carried out by extremists. >> intelligence community put out a lengthy document that explained the timeline here. i think in the days afterwards it was not clear that this was a terrorist attack as their investigation was conducted and they got more information. that's a determination that they made. >> eliot: some romney advisers think this is an a
sure the tax cut policy was to be temporary, but so were the other tax cuts by george bush. the middle class needs champions who are just as vehemently as those who serve the top 1%. unleashed. joy behar. >> on my next show, i'll get into cohen to dish on all 36 current housewives, and still have time left over for bethany. >> eliot: with things looking bleak for mitt romney, the campaign is in need of a new strategy. some of the romney camp sees an opening. as written in the wall...
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i'm not in favor of a five trillion dollar tax cut that's not my plan my plan is not to put in place any tax cut that will lead to the deficit that's point one so you may keep referring to it as a five trillion dollar tax cut but that's not my plan ok simple fact we take in about two trillion dollars a year in taxes one point nine two last trillion dollars last year will be a little over two trillion this year inflation the economy grows over ten years as twenty trillion dollars right we're all with it on they are arithmetic here figure in inflation and a growing economy over a ten year period it's really going to be about twenty five trillion mitt romney wants to chop twenty percent off that was twenty percent to twenty five five how can mitt romney stand there and say to all of america i'm not in favor of a five trillion dollar tax cut when you just spent a year running around saying i want to twenty percent across the board tax cut all taxes that's five trillion dollars this math is indisputable when are you going to have to love the conservative defend mitt romney here because i
i'm not in favor of a five trillion dollar tax cut that's not my plan my plan is not to put in place any tax cut that will lead to the deficit that's point one so you may keep referring to it as a five trillion dollar tax cut but that's not my plan ok simple fact we take in about two trillion dollars a year in taxes one point nine two last trillion dollars last year will be a little over two trillion this year inflation the economy grows over ten years as twenty trillion dollars right we're all...
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Oct 6, 2012
10/12
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would raise taxes on every single tax and who pays income tax. are the texans to pay income taxes we would not raise taxes on? you did not have an answer. >> you will not put words in my mouth. i would say, the first place, we have to balance the budget, cut spending, and raise revenue to reduce the national debt. you have never given any plan to reduce the national debt. anything you even described. talk about the deficit, our current budget, but you never say how you will eliminate $16 billion of the national debt. even tom coburn, one of your heroes, from oklahoma, says we have to raise revenue. we have to cut spending. we have to balance our budget. that is not liberal, that is not conservative, it is just the truth. >> i will make a point that in that entire answer, mr. sadler did not disagree with me once that there is not a single texan who currently pays income tax that he is willing to rule out raising taxes on. i've asked to three times that question, and you have yet to give an answer. >> hold on, what about the question of revenue? he
would raise taxes on every single tax and who pays income tax. are the texans to pay income taxes we would not raise taxes on? you did not have an answer. >> you will not put words in my mouth. i would say, the first place, we have to balance the budget, cut spending, and raise revenue to reduce the national debt. you have never given any plan to reduce the national debt. anything you even described. talk about the deficit, our current budget, but you never say how you will eliminate $16...
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Oct 3, 2012
10/12
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you'll obviously have to pay your taxes and fees which as we well know, sometimes can be more in total than the price of the ticket itself by the time you pay maybe $100 at the gate for checking in your bag, plus various other things like a sandwich. >> is that vote for people you don't want to win? because if your candidate loses -- >> if the other guy wins -- if i'm a huge obama supporter, romney wins, i might be eligible to -- >> i think at the end of the day, it is supposed to be fun. >> let me correct you. there is nothing about flying that is fun especially when you're over 5'0" tall. or $6 6'0". >>> pretty remarkable run in the home builder stocks today, mandy. "wall street journal" article discussing the dampened momentum in the apartment rental market may be partly a function of the rebound that we're seeing in housing demands. that's the silver lining to the story. take a look at some of those home builder stocks moving higher today. >> cool. seema, thank you. >>> we've got a great feel-good story about a guy's amazing second chance in the show. that's coming up next in the s
you'll obviously have to pay your taxes and fees which as we well know, sometimes can be more in total than the price of the ticket itself by the time you pay maybe $100 at the gate for checking in your bag, plus various other things like a sandwich. >> is that vote for people you don't want to win? because if your candidate loses -- >> if the other guy wins -- if i'm a huge obama supporter, romney wins, i might be eligible to -- >> i think at the end of the day, it is...
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Oct 5, 2012
10/12
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CURRENT
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tax cut. my plan is not to put in place any tax cut that will add to the deficit. my view is we ought to provide tax relief to people in the middle class but i'm not going to reduce the share of taxes paid by high income people. we have 23 million people out of work. or stop look for work in this country. >> eliot: here's how the obama campaign responded to some of the claims. with an ad released this afternoon that relied on fact checkers. >> mitt romney has not laid out specifics for how he would pay for his tax cut. he says it's by reducing deductions and closing loopholes but he hasn't said which or how many. so the verdict here the simply incomplete. >> eliot: by the way that 23 million unemployed claim is also incorrect. off by only eight million people. romney also attacked the president on the obama care issue. >> romney: cut $716 million from medicare to pay for it. i want to put the money back in medicare for our seniors. it puts in place an unelected board that's going to tell peopl
tax cut. my plan is not to put in place any tax cut that will add to the deficit. my view is we ought to provide tax relief to people in the middle class but i'm not going to reduce the share of taxes paid by high income people. we have 23 million people out of work. or stop look for work in this country. >> eliot: here's how the obama campaign responded to some of the claims. with an ad released this afternoon that relied on fact checkers. >> mitt romney has not laid out specifics...
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Oct 10, 2012
10/12
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additional tax cuts to middle-class families, tax cuts for healthcare, tax cuts to help families pay for their college tuition, tax cuts for childcare. these families are struggling and hurting and they need more tax relief, not less tax relief. but to help get us on the path to a balanced budget, we want to get rid of some of the bureaucratic spending in washington. they've actually layered on more supervisory people, people at the supervisory level in this government. we also want to close some corporate loopholes. i want to be honest with people. we can't eliminate this deficit. people have heard that over and over and over in four years. we cannot do it. we're in too deep a hole. but we can cut the deficit in half and move this country back on a path to fiscal responsibility >> 90 seconds, mr. vice president. >> the kerry record on taxes is one basically of voting for a large number of tax increases, 98 times in the united states senate. there's a fundamental philosophical difference here between the president and myself, who believe we ought to let the american people keep more
additional tax cuts to middle-class families, tax cuts for healthcare, tax cuts to help families pay for their college tuition, tax cuts for childcare. these families are struggling and hurting and they need more tax relief, not less tax relief. but to help get us on the path to a balanced budget, we want to get rid of some of the bureaucratic spending in washington. they've actually layered on more supervisory people, people at the supervisory level in this government. we also want to close...
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Oct 5, 2012
10/12
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level with us about his tax plan which gives the wealthy huge new tax breaks? if we can't trust him here, how could we ever trust him here? >> the romney campaign has taken issue of course with what the obama campaign uses which is a tax policy center analysis. in that ad that draws on the -- to argue that mitt romney's tax plan depends on a $5 trillion tax cut that's not paid for. the conclusion they drew is the only way you offset those tax cuts over ten years, after handcuffing yourself on the pledges that romney has made to reduce tax rates across the board by 20% eliminating the alternative minimum tax and erasing the federal estate tax is to eliminate deductions that will inevitably touch the middle class. the romney folks say the obama campaign and tax policy center created a strawman. the problem is the romney campaign hasn't created their own and responded with any detail on how they would do it. it becomes impossible at least politically once you account for the pledge handcuffs that romney has made. while the president didn't fully acknowledge he cam
level with us about his tax plan which gives the wealthy huge new tax breaks? if we can't trust him here, how could we ever trust him here? >> the romney campaign has taken issue of course with what the obama campaign uses which is a tax policy center analysis. in that ad that draws on the -- to argue that mitt romney's tax plan depends on a $5 trillion tax cut that's not paid for. the conclusion they drew is the only way you offset those tax cuts over ten years, after handcuffing...
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Oct 2, 2012
10/12
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the second round of tax cuts. secondly, invaded a sovereign nation without declaring war and without paying for it, called iraq. thirdly, medicare prescription drugs was expanded, added $8 trillion in new unfunded sees when medicare was already underfunded $20 trillion. since then we have stimulus programs that are not properly designed and the effectively implemented. we passed for will care act to cover 30 million more people. government today is 24% of the economy, 12 times bigger than 100 years ago, and it is headed to 37% on autopilot. these people live in a dream world. >> let me read you two quotes. democrats and republicans blame each other. nobody steps up to the plate and accept responsibility for anything. this city, washington, d.c., we're giving a national press club speech from this city has become a town of media stunt man who posture, creek images, talk, she got off roman candles, but do not accomplish anything. i am wondering if you think you could utter them today in 2012 and they would make just
the second round of tax cuts. secondly, invaded a sovereign nation without declaring war and without paying for it, called iraq. thirdly, medicare prescription drugs was expanded, added $8 trillion in new unfunded sees when medicare was already underfunded $20 trillion. since then we have stimulus programs that are not properly designed and the effectively implemented. we passed for will care act to cover 30 million more people. government today is 24% of the economy, 12 times bigger than 100...
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advantage in banking off shore if that's the case you had no tax advantage in sending your money to the grand cayman islands or switzerland why don't you just bank here in the united states i'd start off with a question like that i've been asking mitt could you explain please how outsourcing and how outsourcing american jobs is good for america a couple of questions that take him off of script that making really answer what we're all thinking and that is mitt you've been lying to us since you've been running for president now explain these two very obvious problems that we've we've had no explanation of up to this point these these are the economic issues which are going to be the core of tonight i'm curious you're the questions that you would want to ask are the concerns that you have the have to do with foreign policy which i realize will be a later debate but this is a big deal right now which is to their two thousand deaths in afghanistan in that exactly. i think what i want to point out tom is his is is tendency to two to fuel conflict i want to ask what in the hell were you th
advantage in banking off shore if that's the case you had no tax advantage in sending your money to the grand cayman islands or switzerland why don't you just bank here in the united states i'd start off with a question like that i've been asking mitt could you explain please how outsourcing and how outsourcing american jobs is good for america a couple of questions that take him off of script that making really answer what we're all thinking and that is mitt you've been lying to us since...
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melissa: taxes on everybody. looking on the screen. every single tax bracket there. >> i know. aside from income tax he also proposing rolling back the dividend income tax, carried interest deduction. capital gains. all these things that predominantly wealthier americans benefit from. so you end up having to saddle, and so when you, when mitt romney talks about closing loopholes we need which loopholes those are. president's one good zinger, mitt romney you're talk about all these different things. when will you give us deductions you will close. what loopholes? are they too good you're keeping them secret because they're too good for us to hear. melissa: i'm glad you found something you liked about the debate. thanks for coming on. we appreciate it. >> thanks, melissa, i appreciate it. melissa: hear is the question of the day, what was your favorite moment from last night's debate. facebook.com/melissafrancisfox. follow me on twitter at melissaafrancis. gas stations in the los angeles area are shutting down over supply shortages. will the pumps near you be next? >> u.s. sancti
melissa: taxes on everybody. looking on the screen. every single tax bracket there. >> i know. aside from income tax he also proposing rolling back the dividend income tax, carried interest deduction. capital gains. all these things that predominantly wealthier americans benefit from. so you end up having to saddle, and so when you, when mitt romney talks about closing loopholes we need which loopholes those are. president's one good zinger, mitt romney you're talk about all these...
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Oct 9, 2012
10/12
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we were able to continue to cut our taxes, consumer sales tax on food as well as cut business taxes. we have been able to work with the legislature in a bipartisan manner to address many of the main concerns. with bipartisan support, we were able to pass the first shale drilling regulatory bill. we were able to pass: safety bills. we were able to address problems with substance abuse and west virginia. we took on our last big liability. it was $10 million. we have come a long way, but we have a long way to go. we have people out there suffering, still looking for jobs. we will need to continue to do what we can to help those. we will continue to improve our education system to make sure our children have world-class education. we need to continue to look at our infrastructure at all levels, broadband, highways, water could continue to make west virginia business families so we can attract jobs. i want to say to the voters, i will always. west virginia first. >> thank you, governor. mr. maloney? >> i am tired of hearing the same old excuses. it could have been a lot better. every time
we were able to continue to cut our taxes, consumer sales tax on food as well as cut business taxes. we have been able to work with the legislature in a bipartisan manner to address many of the main concerns. with bipartisan support, we were able to pass the first shale drilling regulatory bill. we were able to pass: safety bills. we were able to address problems with substance abuse and west virginia. we took on our last big liability. it was $10 million. we have come a long way, but we have a...
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Oct 3, 2012
10/12
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would raise taxes on every single tax and who pays income tax. are the texans to pay income taxes we would not raise taxes on? you did not have an answer. >> you will not put words in my mouth. i would say, the first place, we have to balance the budget, cut spending, and raise revenue to reduce the national debt. you have never given any plan to reduce the national debt. anything you even described. talk about the deficit, our current budget, but you never say how you will eliminate $16 billion of the national debt. even tom coburn, one of your heroes, from oklahoma, says we have to raise revenue. we have to cut spending. we have to balance our budget. that is not liberal, that is not conservative, it is just the truth. >> i will make a point that in that entire answer, mr. sadler did not disagree with me once that there is not a single texan who currently pays income tax that he is willing to rule out raising taxes on. i've asked to three times that question, and you have yet to give an answer. >> hold on, what about the question of revenue? he
would raise taxes on every single tax and who pays income tax. are the texans to pay income taxes we would not raise taxes on? you did not have an answer. >> you will not put words in my mouth. i would say, the first place, we have to balance the budget, cut spending, and raise revenue to reduce the national debt. you have never given any plan to reduce the national debt. anything you even described. talk about the deficit, our current budget, but you never say how you will eliminate $16...
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Oct 4, 2012
10/12
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mitt romney said he would the no raise taxes to pay for his tax cuts. he said he was going to cut spending. even said that there would be a grade. he will not borrow money to pay for a program. he said he would cut pbs and big bird. he was very specific about what he would do. in certain places though romney questioned obama and obama just looked at him, when obama said basically you get a tax cut or a tax deduction for moving jobs overseas. mitt romney said i've been in business last 25 years, i don't know what you're talking about. basically obama was vague last night. but romney came with specifics. jon: cory, you described the debate as being sort of very specific and bordering on wonky but isn't that what people are looking for right now? aren't they looking for specifics and numbers and ideas here? >> i think you're absolutely right about that. always interesting to me tv commentators and others complain how debates and political discourse is boring and turning american people off whether this is exactly the time they should pay close attention. w
mitt romney said he would the no raise taxes to pay for his tax cuts. he said he was going to cut spending. even said that there would be a grade. he will not borrow money to pay for a program. he said he would cut pbs and big bird. he was very specific about what he would do. in certain places though romney questioned obama and obama just looked at him, when obama said basically you get a tax cut or a tax deduction for moving jobs overseas. mitt romney said i've been in business last 25 years,...
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Oct 10, 2012
10/12
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the president is saying that you say romney's tax plan we will end up raising taxes on middle-class. is that what you said? >> that's absolutely not what i said. what i said is that he can cut rates on the very highest income taxpayers and get rid of loopholes and tax preferences, he can make up enough money for those people at the high end to not end up paying more, don't end up paying less. if they don't have to pay less than the people below them don't have to pay more. that's what i showed. mathematically possible for the romney plan to work. i did not show or claim that middle-class people would have to pay more. there is nothing in my paper that states that. nothing in my paper that implies that, nothing in the numbers that would support that conclusion. gerri: professor, the administration that is saying 180 degrees the opposite of what you said. >> exactly. gerri: completely misinterpreting what you said. tell me about your analysis of mitt romney's plan. what would be the ultimate effect of raising -- lowering tax rates by 20% on everybody. take away some of these deductions
the president is saying that you say romney's tax plan we will end up raising taxes on middle-class. is that what you said? >> that's absolutely not what i said. what i said is that he can cut rates on the very highest income taxpayers and get rid of loopholes and tax preferences, he can make up enough money for those people at the high end to not end up paying more, don't end up paying less. if they don't have to pay less than the people below them don't have to pay more. that's what i...
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that portends $900 billion of tax increases. our economy simply is not going to recover quickly with that hanging over its head. mitt's plan is more cost reduction. president obama is much, much bigger. income prehensably large tax kin p increases. people think letting bush tax cuts on people earning over $250,000 is the answer to the problem. that is $50 billion a year. if you cut capital gains and estate tax it is another 50 dal billion a year. that doesn't cut it. melissa: congressman, do you think the governor should go into numbers like that? i'm a thumb members gal. i like to see what is really happening. i'm not sure the rest of the american public can sort through the math? should he talk about the real picture of the economy and talk about passionately. which do you think is better case for the economy? >> no doubt he will talk about unemployment north of 8% for 43 months. no doubt he will talk about the 23 million people out of work or underemployed. but then very quickly, you also have to talk to the person at home, w
that portends $900 billion of tax increases. our economy simply is not going to recover quickly with that hanging over its head. mitt's plan is more cost reduction. president obama is much, much bigger. income prehensably large tax kin p increases. people think letting bush tax cuts on people earning over $250,000 is the answer to the problem. that is $50 billion a year. if you cut capital gains and estate tax it is another 50 dal billion a year. that doesn't cut it. melissa: congressman, do...
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its own police force, no income tax, no sales tax, no capital gains tax to all the property tax and no federal regulation. it sounds good to me. the man behind it joins us now from honduras. you came on the show a year ago to discuss the idea of a free city and its thousand you have made progress. >> we made considerable progress. we expect we will be able to break ground within 30 days after the honduran government finalizes the legislation identifying the regions and also appointing a governor. john: already the honduran legislature passed the bill authorizing the general principles 126-1. they are behind it. >> incredibly popular. congress realizes the best hope for prosperity is to create a special development regions. model that the special development regions that have been so spectacularly successful in china which has cities scale special development regions. also dubai which had 110-acre region that had its own legal system that imported british common law "by international financial center which resulted in billions of dollars of capital flowing in and one of the greatest fin
its own police force, no income tax, no sales tax, no capital gains tax to all the property tax and no federal regulation. it sounds good to me. the man behind it joins us now from honduras. you came on the show a year ago to discuss the idea of a free city and its thousand you have made progress. >> we made considerable progress. we expect we will be able to break ground within 30 days after the honduran government finalizes the legislation identifying the regions and also appointing a...
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Oct 5, 2012
10/12
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. >> when it comes to our tax code, governor romney and i both agree our corporate tax rate is too high, so i want to lower it, particularly for manufacturing, taking it down to 25%, but i also want to close those loopholes that are giving incentives for companies that are shipping jobs overseas, i want to provide tax breaks for companies that are investing here in the united states. >> you said you get a deduction for taking a plantoverseas? i've been in business for 25 years, i have no idea what you're talking about. >> so i don't either. because i actually don't know the tax code that well. are there actually incentives currently, hal, that encourage people to take their jobs out of the united states? >> well, both the president and mitt romney are both right the way they answered the question. the reality is we don't have a specific incentive to take jobs out of the u.s. but what happens is if you can move your taxable income to another jurisdiction that has a low tax rate, like china, you can pay less taxes in total as long as you don't repatriate the money back to the u.s. the pre
. >> when it comes to our tax code, governor romney and i both agree our corporate tax rate is too high, so i want to lower it, particularly for manufacturing, taking it down to 25%, but i also want to close those loopholes that are giving incentives for companies that are shipping jobs overseas, i want to provide tax breaks for companies that are investing here in the united states. >> you said you get a deduction for taking a plantoverseas? i've been in business for 25 years, i...
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Oct 8, 2012
10/12
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MSNBC
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then he can't deliver tax cuts. >> you can come up with a tax reform plan. increased revenue that takes down the rates, makes it fairer everybody. it's difficult, but you can do it. >> you can't take the rates down 20% though on top of the bush tax cuts. >> romney said, i have reform principles. they are going to help grow the economy and create jobs but the idea he can raise taxes is fanciful. he'll never do it. >> if you are going to cut taxes for the wealthy as much as mitt romney wants to there is no way or he would have put forth the pro growth plan. he's ring on magic like harry potter will be his treasury secretary. >> he's not going to be able to cut taxes for rich people. he doesn't want to. the idea of pro growth taxes -- >> didn't he say 20% across the board? >> he did, but he also said if you take up the deductions, rich people won't get a big tax break. that's the truth. if you go through the principles and think about it, how do you design a pro growth tax policy? you have to take down the race and get rid of deductions. the numbers can add up.
then he can't deliver tax cuts. >> you can come up with a tax reform plan. increased revenue that takes down the rates, makes it fairer everybody. it's difficult, but you can do it. >> you can't take the rates down 20% though on top of the bush tax cuts. >> romney said, i have reform principles. they are going to help grow the economy and create jobs but the idea he can raise taxes is fanciful. he'll never do it. >> if you are going to cut taxes for the wealthy as much...
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Oct 4, 2012
10/12
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WBFF
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tax, as wwll as other taxes on capittl gains of 200 thousand dollars or less. what he calls the 'buffee a minimum 30 percent tax rates. university of balttmooe professor teven isberg says he wanted to hearrmore on how specifically governno romnnyy would raise neeeed revenues. steven isberg, university of baltimore: 9.47 "at the enn of the day, ttere's not a whole lot of differencessbetween one and another."steven isberg, university of baltimore: 10.22 "i'd really like to see the calculation as to how both of those gentlemen are getting to that number, and i haven't seen thattyet." (laughttr) past that, the ww sparred over what president obama calls romney's "five trillion dollar tax cut."mister obama said ttat wwuld either raase &t wealthy.the tax policy ceeter claims that 5 trillion dollars... would be over the next decade.romney has claimee that money is made up for in cuts ii deddctions to broaden the ttx base.paul gessler, ffx455news at fivve how are the rrads looking tonig? tooight?brandi proctor has our traffic edge report. reportt mapbelair fiberwilkens
tax, as wwll as other taxes on capittl gains of 200 thousand dollars or less. what he calls the 'buffee a minimum 30 percent tax rates. university of balttmooe professor teven isberg says he wanted to hearrmore on how specifically governno romnnyy would raise neeeed revenues. steven isberg, university of baltimore: 9.47 "at the enn of the day, ttere's not a whole lot of differencessbetween one and another."steven isberg, university of baltimore: 10.22 "i'd really like to see the...
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Oct 2, 2012
10/12
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you want a poll tax? alisyn: thanks for the spirited debate. >> god bless you, alan, and all your confusion. alisyn: thank you, guys. >>> breaking developments at the u.s./mexico border. a manhunt now underway after two border patrol agents are shot and one is killed. and up next, sean manning is a soldier who was shot six times during the massacre at fort hood. now his wife is leading the charge to get her husband and others something called combat status. why this is so important to the victims and to their families and why she says the administration is fighting them on it. >>> and a horrifying moment caught on video when a skateboarder and a deer collide at high speeds. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest
you want a poll tax? alisyn: thanks for the spirited debate. >> god bless you, alan, and all your confusion. alisyn: thank you, guys. >>> breaking developments at the u.s./mexico border. a manhunt now underway after two border patrol agents are shot and one is killed. and up next, sean manning is a soldier who was shot six times during the massacre at fort hood. now his wife is leading the charge to get her husband and others something called combat status. why this is so...
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Oct 2, 2012
10/12
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if the taxes increase, then is a tax increase. if the canned says tax cut or mandatory spending or discretionary spending, we would use it in that way. achieving these baseline pounds of revenue and spending, it is not necessarily in the exact timing or form that the current law baseline looks out right now, but sticking with the essential elements. those of you who know me know that i am quite fond of the current law baseline. in the past i have said what we need to do is to follow a strict pay-as-you-go. i am tired of exempting this and ignoring that. let's stick to strict pay-as- you-go. pay-go noit to exceptions. i will just modify that today and say instead of pay-ago, is re-go. recycle as you go. set targets that congress says, by this date, we will have achieved this goal. the budget committees and the budget process to enforce this. there is something called budget conciliates -- reconciliation where they've direct the budget and other entities with jurisdiction over the program to come up with reforms, for spending target
if the taxes increase, then is a tax increase. if the canned says tax cut or mandatory spending or discretionary spending, we would use it in that way. achieving these baseline pounds of revenue and spending, it is not necessarily in the exact timing or form that the current law baseline looks out right now, but sticking with the essential elements. those of you who know me know that i am quite fond of the current law baseline. in the past i have said what we need to do is to follow a strict...
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Oct 4, 2012
10/12
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he has an entitlement reform plan, tax plan, corporate tax plan, energy plan, trade plan. the president doesn't. and i think it really showed. he imagined he was going to get through this race simply by disqualifying romney. they almost did it during the summer. they came this close. >> hold on a second. >> i want to ask you something. the whole debate last night was obama saying no to romney's agenda. we all learned romney's agenda. nobody learned obama's agenda. now he's going back to negativism. this is a huge mistake. let me tell you something else romney did to get reaction. your man obama is going to have so much trouble. romney said to 68 million viewers, i can make a deal. i can go across the aisle like i did in massachusetts. in fact he even said about his tax reform plan, if you don't like the specific version let's talk about some other options. but you, mr. president, you couldn't make a deal. you had a deal, you broke the deal with john boehner. that's what the woodward book is all about. in other words, this is something independents love. i say clinton democ
he has an entitlement reform plan, tax plan, corporate tax plan, energy plan, trade plan. the president doesn't. and i think it really showed. he imagined he was going to get through this race simply by disqualifying romney. they almost did it during the summer. they came this close. >> hold on a second. >> i want to ask you something. the whole debate last night was obama saying no to romney's agenda. we all learned romney's agenda. nobody learned obama's agenda. now he's going...
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Oct 2, 2012
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is that we need to look at the corporate tax rate, looking at 35% corporate tax rate. that is the highest among our trading partners. we need to lowered that to 24%. we need to allow businesses to create jobs in this country and in this state. we have done that in nebraska. that is the fischer sloagan. -- slogan. the balanced budget proposal she has is $1 trillion of cuts, that will increase unemployment 50%, break our commitments to seniors, break the obligation we have to veterans, we can our military. that is what it does, and this is outside analysis that shows what these cuts will do. she says that sequester will cut our military will be a bad thing. her proposal is 10 times worse. >> i will continue with the fischer plan, which will reduce energy cuts. -- costs. my plan will allow for free trade when you have administration that will get this trade agreements to congress and signed sow our economy can grow. we have done it in nebraska, we have provided property tax relief. those are specifics, not slogans. i have not heard that from his plan. >> this has been the
is that we need to look at the corporate tax rate, looking at 35% corporate tax rate. that is the highest among our trading partners. we need to lowered that to 24%. we need to allow businesses to create jobs in this country and in this state. we have done that in nebraska. that is the fischer sloagan. -- slogan. the balanced budget proposal she has is $1 trillion of cuts, that will increase unemployment 50%, break our commitments to seniors, break the obligation we have to veterans, we can our...
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Oct 8, 2012
10/12
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one, of course, is to raise taxes. number two is to cut spending, number three is to grow the economy. because if more people work in a growing economy, they are paying taxes and you can get the job done that way. the president would prefer raising taxes. i understand. the problem with raising taxes is that it slows down the rate of growth. you can never quite get the job done. i want to lower spending and encourage economic growth at the same time. megyn: he is talking about broadening the tax base, because if you lower the taxes, people have more money, they spend more money, the federal government takes in more. lou: it will is a result of the growth that it stimulates. but we have to put forward a very important caveat. this president has been in office ends 2009. he has not once performed at the tax code, has not once altered the direction of the tax, spending, and borrowing of the government. romney is talking about reversing all of that. truth is, megyn, without reducing spending and taking control of that defic
one, of course, is to raise taxes. number two is to cut spending, number three is to grow the economy. because if more people work in a growing economy, they are paying taxes and you can get the job done that way. the president would prefer raising taxes. i understand. the problem with raising taxes is that it slows down the rate of growth. you can never quite get the job done. i want to lower spending and encourage economic growth at the same time. megyn: he is talking about broadening the tax...
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Oct 4, 2012
10/12
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WBAL
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i will not reduce the taxes paid by high-income americans. >> both candidates went all over the time on occasion. let's just above the understand, we are way over our first 50 minutes. >> which focused heavily on domestic issues, the future of medicare and cutting the federal deficit. >> obamacare is on my list. i use that term with all respect. so i will get rid of that. i will stop the subsidy to pbs. pn i like pbs. >> that means you will gut our investments in schools and education. establishes the beginning. there are two more debates to go. >> governor of rally is working as a surrogate for the obama team, talking to reporters after the debate. back here at home, several college campuses have to debate what parties. -- watch parties. sheldon joins us live from johns hopkins university. >> we are about a month away from the election. a lot of voters we talked to seem to be passionate about both candidates. you'll remember from the 2008 election that college-aged voters were energized and excited headed into the election. based on the conversation we have had here, the same seems
i will not reduce the taxes paid by high-income americans. >> both candidates went all over the time on occasion. let's just above the understand, we are way over our first 50 minutes. >> which focused heavily on domestic issues, the future of medicare and cutting the federal deficit. >> obamacare is on my list. i use that term with all respect. so i will get rid of that. i will stop the subsidy to pbs. pn i like pbs. >> that means you will gut our investments in schools...
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Oct 10, 2012
10/12
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FBC
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ke in mind on the ballot is fall, over 200 local tax hikes and governor has a $50 billion tax hike. state want to make sures consumers ow and voters know they're doing all the can to cut back on gas pric >> oh, my gosh. they're not doing all they can. get rid of this once and for you will. aaron, i love you. thanks for coming on. i'm a long time california native. i grew up there. i moved back there. i know about the state. i'm criticizing my own folks. thanks for coming on. i appreciate it. >> i understand. okay, thank you. melissa: time now for todas energy report. breaking down the biggest headlines affecting industry and impacting the econom first up, th u.s. supreme court will not hear chevron's appeal over damage claims in ecuador. amazon rainforest residents won a $18 billion judgement from ecuador court in 2011. evron's subsidy, texaco was accused o committing envinmental damage over an 18-year period. >>> clean energy investments dropped 20% in the third quarter compared to the same period lastear. a new study says the industry is on pays for its first annual investment dec
ke in mind on the ballot is fall, over 200 local tax hikes and governor has a $50 billion tax hike. state want to make sures consumers ow and voters know they're doing all the can to cut back on gas pric >> oh, my gosh. they're not doing all they can. get rid of this once and for you will. aaron, i love you. thanks for coming on. i'm a long time california native. i grew up there. i moved back there. i know about the state. i'm criticizing my own folks. thanks for coming on. i appreciate...
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Oct 6, 2012
10/12
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CSPAN
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additional tax cuts to middle-class families, tax cuts for healthcare, tax cuts to help families pay for their college tuition, tax cuts for childcare. these families are struggling and hurting and they need more tax relief, not less tax relief. but to help get us on the path to a balanced budget, we want to get rid of some of the bureaucratic spending in washington. they've actually layered on more supervisory people, people at the supervisory level in this government. we also want to close some corporate loopholes. i want to be honest with people. we can't eliminate this deficit. people have heard that over and over and over in four years. we cannot do it. we're in too deep a hole. but we can cut the deficit in half and move this country back on a path to fiscal responsibility. >> 90 seconds, mr. vice president. >> the kerry record on taxes is one basically of voting for a large number of tax increases, 98 times in the united states senate. there's a fundamental philosophical difference here between the president and myself, who believe we ought to let the american people keep more
additional tax cuts to middle-class families, tax cuts for healthcare, tax cuts to help families pay for their college tuition, tax cuts for childcare. these families are struggling and hurting and they need more tax relief, not less tax relief. but to help get us on the path to a balanced budget, we want to get rid of some of the bureaucratic spending in washington. they've actually layered on more supervisory people, people at the supervisory level in this government. we also want to close...
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Oct 5, 2012
10/12
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FOXNEWS
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he said, in fact, they do want to raise taxes a trillion dollars. well, i don't want to raise taxes on any americans because i want to create good jobs in america. [cheers and applause] now, i take america in a very different direction. first of all, i want to make re that our policies encourage job growth, and i have five things i'll do. you've heard me describe them time and again, but five things i'll do that'll get jobs growing in this country again, and growing right here in this part of virginia as well because number one on my list is to take full advantage of all our energy resources, our oil, our coal, our gas, our nuclear, our renewables. [cheers and applause] and i know you care a lot more about coal than the other ones i just mentioned, so let me just remind you that when the president was running for office, he said that if you built a new coal-fired plant, why, you'd go wasn't. and the head -- bankrupt. and the head of the epa has also said that the regulations on burning coal are now so vin gent is virtually impossible to build a new
he said, in fact, they do want to raise taxes a trillion dollars. well, i don't want to raise taxes on any americans because i want to create good jobs in america. [cheers and applause] now, i take america in a very different direction. first of all, i want to make re that our policies encourage job growth, and i have five things i'll do. you've heard me describe them time and again, but five things i'll do that'll get jobs growing in this country again, and growing right here in this part of...
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Oct 3, 2012
10/12
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CNBC
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get the tax cuts out there. i want the tax cuts. >> we were just talking to john taylor. i asked whether or not he believed romney was being specific enough about the economic plan because thought is the knock he has been getting and professor taylor said he has been extremely specific. do you think this campaign can gain traction and win this thing if they believe they are specific enough with their plans. >> john taylor is a great american and one of my heroes and mentors. i don't think they are quite as specific as they could. you know how to sell something. you want to sell something. if one of your great panelists has a stock or a position or an idea you got to sell it. not just once. you don't whisper it. covering several shows. you have to sell the thing. second point talk about middle class take home pay going up. joe biden was up. the middle class income has been buried. and third here is the tricky point. i don't want to see the tax deductions taken away from the middle class. i want it removed for the upper income people because they are going for 35 to 28%. th
get the tax cuts out there. i want the tax cuts. >> we were just talking to john taylor. i asked whether or not he believed romney was being specific enough about the economic plan because thought is the knock he has been getting and professor taylor said he has been extremely specific. do you think this campaign can gain traction and win this thing if they believe they are specific enough with their plans. >> john taylor is a great american and one of my heroes and mentors. i don't...
SFGTV: San Francisco Government Television
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Oct 10, 2012
10/12
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SFGTV
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just i want you to remember, many iranian come to this country, they work so hard, they pay tax, they want to become part of society. and the guy sitting there, he representative all iranian in u.s., in whole nation. today, october 9, what you in whole u.s., and also i want inside of iran, million people over there,&1r they are waitingr what your decision. and, also, my life in san francisco, i got my masterap program in political science in represent the students in political science program also. i"x 7 talk to students, they tao me on everything. i say wow you -- in san francisco state university and also in the the citycÑábnd l supervisor in here i want just let yo»sf> know about the peopln here, just go out of the area in the city,.r50ñ go to universityd also talk to the people in here, immigrant people, they have a become society. very important because the common u.s. for democracy just and please÷1 just -- ross because -- >> president chiu: thank you thanks. next speaker. >> good afternoon,/ hello, san francisco. my name is paul courier, and it's an:blq honor and privilege
just i want you to remember, many iranian come to this country, they work so hard, they pay tax, they want to become part of society. and the guy sitting there, he representative all iranian in u.s., in whole nation. today, october 9, what you in whole u.s., and also i want inside of iran, million people over there,&1r they are waitingr what your decision. and, also, my life in san francisco, i got my masterap program in political science in represent the students in political science...
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Oct 10, 2012
10/12
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CNNW
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> i'm wolf blitzer. here's a look at what's ahead in the next couple of hours. we're learning new details on what the vice president joe biden is doing to prepare for tomorrow night's debate. also, our john king is focusing in on a key group of ohio voters who could decide the election. and forg funding big bird. what about joe biden's favorite ride? we're talking amtrak. we'll explain. stand by. you're in "the situation room." >>> with just 27 days to go until the election, democrats say mitt romney is running to the political center as fast as he can. among other things, they're pointing to romney's comments today about abortion. here's a quick snapshot. >> mitt romney said "there's no legislation with regards to abortion that i'm familiar with that would become part of my agenda." and that statement doe
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> i'm wolf blitzer. here's a look at what's ahead in the next couple of hours. we're learning new details on what the vice president joe biden is doing to prepare for tomorrow night's debate. also, our john...
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Oct 4, 2012
10/12
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we pay taxes. i pay taxes every year. we are supporting america. it was sad from president obama's perspective. host: where do you agree with the republicans? caller: i agree with the republicans with same-sex marriage and that we need to do more with our business. the way things look is really sad. host: next is a mitt romney supporter in pennsylvania, mark. do you think that romney has a chance in pennsylvania? caller: i think it is looking good for him. everybody is talking about the 47%. you are talking - the republicans got locked out and could not give their point of view on obamacare. now everybody is worried about what mitt romney said. i am totally flabbergasted over this. obama was talking about the tax cuts that they are given to companies overseas. koch -- he had four years to do something about it. you had the lady that was just on a little while ago and she was talking about -- i lost my train of thought. host: barber in missouri -- barbara in missouri -- host: with regard to the debate, marcie e-mails in -- host: a president obama su
we pay taxes. i pay taxes every year. we are supporting america. it was sad from president obama's perspective. host: where do you agree with the republicans? caller: i agree with the republicans with same-sex marriage and that we need to do more with our business. the way things look is really sad. host: next is a mitt romney supporter in pennsylvania, mark. do you think that romney has a chance in pennsylvania? caller: i think it is looking good for him. everybody is talking about the 47%....
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i ok at this story and that thing, this sounds like a tax to me. >> not only is it a tax, it does not take into account -- it does not seem to take into account the things that should. it is a pretty blanket statement. rea missions are extremely complex, and there is absolutely nothing in these reports that i have read that tlks about the patient and of the equation. what are the issues that are happening on the user and? and those have to be discussed among but i suppose that we don't want to discuss those things in an election year. gerri: and also, it begs the question, are you taking power out of the hands of the doctors and hospitals to back to busty making these decisions about care. i don't think so. a lot of things occur in the admission process, and smart hospitals, good hospitals are getting on top of this. for instance, in our community we have hospital in plano, texas. texas health resources. there is a group of really hard-core nurses and anybody who is a physician knows when talking about. you don't mess with these ladies. they have taken the bull by the horns and transf
i ok at this story and that thing, this sounds like a tax to me. >> not only is it a tax, it does not take into account -- it does not seem to take into account the things that should. it is a pretty blanket statement. rea missions are extremely complex, and there is absolutely nothing in these reports that i have read that tlks about the patient and of the equation. what are the issues that are happening on the user and? and those have to be discussed among but i suppose that we don't...
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Oct 3, 2012
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he's going to pre him from very specifics on your tax program and at you're goingo phase out as far as deductis are concerned, all ofhat. is the governor going to be able to parry, can he parry? can he thinkast enough on his feet to block inevitably at's going toom his way? >> hebsolutely can. if you reme debates with newt gingrich, speaker gingr chs migration policy. he was reallyoing after him about deporting grandmoer he areat response. we can't deport 11 milli grandmothers. there aren't 11illion grandmotrs that wre poing. so he can. can rort. whathe governo has goto do it's not about parrying, it's about going on offense. it's aut starting the debate on offense d finishing the debate on offee. >>ill: remember, though, because i' debated bak twice, i mean, he's not jimmy caer. agan was theem tate who destyed cart. obama is muc quicy a confrontaonal man, am i correct on thathe's not me. he not looking r the fight. heoesn't rish the debate. >> that's wh hapnedhe first obably 15 primary detes. he stayed t ou t fray and just sort ofave histhat's right. an let every ese beat each othe up
he's going to pre him from very specifics on your tax program and at you're goingo phase out as far as deductis are concerned, all ofhat. is the governor going to be able to parry, can he parry? can he thinkast enough on his feet to block inevitably at's going toom his way? >> hebsolutely can. if you reme debates with newt gingrich, speaker gingr chs migration policy. he was reallyoing after him about deporting grandmoer he areat response. we can't deport 11 milli grandmothers. there...
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Oct 5, 2012
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one show put together moments when he wasn't. >> let's stay on taxes. >> just -- let's just stay on taxes for a moment. >> but virtually everything he just. >> but all i want to do is very quickly before we leave the economy. >> let's get back to medicare. the president said that the government. >> going to get the first word in the next segment. >> small businesses you are talking about. >> excuse me, just so everybody understands. >> gentlemen, look, one second. >> >> let's stay on the taxes then. >> i had five seconds before you interrupted me. >> i actually responded to that which is. >> jim,. >> respond to that. >> i have done a poor job. >> you have done a great job. >> oh well. no. >> bret: man, oh man, thank
one show put together moments when he wasn't. >> let's stay on taxes. >> just -- let's just stay on taxes for a moment. >> but virtually everything he just. >> but all i want to do is very quickly before we leave the economy. >> let's get back to medicare. the president said that the government. >> going to get the first word in the next segment. >> small businesses you are talking about. >> excuse me, just so everybody understands. >>...
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Oct 4, 2012
10/12
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KRON
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you never balance the budget by raising taxes. >> mitt romney said he wants tax cuts to continue for all americans. president obama pushed for extending tax cuts just for people earning less than $250,000 a year. >>> bay area republicans were watching closely hoping their candidate could connect with the american people. it looks like he did. romney supporters think their candidate accomplished his goal in the first debate. >> i think mitt romney has done a fantastic job making points about his programs and what he has in store for the american people and growth for middle class, and fairness to every american. >> the republican watchers at this party felt their candidate definitely got the better of the president and according to the cnn poll it found 67% of those surveyed thought romney walked away with it. 25% thought president obama gained the upper hand. stay here for continuing coverage. there are two more debates at least. if you missed last night you can watch on our website in its entirety. let us know what you think on facebook, twitter. reach out to us. we'll share your co
you never balance the budget by raising taxes. >> mitt romney said he wants tax cuts to continue for all americans. president obama pushed for extending tax cuts just for people earning less than $250,000 a year. >>> bay area republicans were watching closely hoping their candidate could connect with the american people. it looks like he did. romney supporters think their candidate accomplished his goal in the first debate. >> i think mitt romney has done a fantastic job...